Monk’s Hill Ventures Brings New US$80 Million Series A and B Fund to South East Asia to Invest in Startups


As many American startups have made the move to Asia, the western VC model of ‘entrepreneurs backing entrepreneurs’ has also followed.

Monk’s Hill Ventures, a newly launched VC fund, plans on investing US $80 million into tech startups all across the APAC region at the Series A and B level. Besides being led by a team of veteran entrepreneurs who have built and backed startups in Silicon Valley and Asia, Monk’s Hill is also a VC fund based in South East Asia (with offices in Singapore and Jakarta), which is still a new concept in the region.

We had a chat with managing director Peng T. Ong to find out more about this innovative new fund and the gaps it hopes to fill.

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